What is a purchase journal

Purchase journal is used to records all the purchases of business.

Purchase journal is used for keeping the chornological record of date wise purchase of goods purchased for trading purposes on credit.

1 - Sales Journal

2 - Purchase Journal

3 - Cash Receipt Journal

4 - Cash Payment Journal

5 - General Journal

A purchase journal is a specialized accounting journal used to record all credit purchases of goods or services made by a business. It typically includes information such as the date of the purchase, vendor name, invoice number, and amount owed. The purchase journal helps track the company's liabilities and expenses related to purchasing inventory or other items.